Failure to Satisfy Condition Sample Clauses

Failure to Satisfy Condition. If any condition is not satisfied or waived on or prior to the closing date, the party whose obligations are subject to such satisfaction or waiver may at its or their option, terminate this Agreement without further obligation. If this Agreement is so terminated, then neither party shall be liable to the other for any costs, fees or expenses.
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Failure to Satisfy Condition. If a Condition has not been satisfied within 90 days following your acceptance of this Agreement, Paymark will have the right to terminate this Agreement and, except as provided under clause 12.7, each party's rights and obligations under this Agreement cease immediately on termination.
Failure to Satisfy Condition. If a Condition has not been satisfied within 90 days following your acceptance of this Agreement, Worldline NZ will have the right to terminate this Agreement and, except as provided under clause 12.7, each party's rights and obligations under this Agreement cease immediately on termination.
Failure to Satisfy Condition. If any of the conditions listed in Section 3.3 of this Agreement have not been satisfied in a manner acceptable to Bank in the exercise of Bank's sole judgment and discretion, Bank, in its sole discretion, may require payment in full of all principal, interest, fees and expenses under the Loan and the Loan Documents on the 1997 Maturity Date, and not grant the extension of the Loan to the 1998 Maturity Date.
Failure to Satisfy Condition. If, on or before the Estoppel Return Date, the parties are unable to obtain estoppel certificates from the Required Tenants that satisfy the requirements of the first sentence of Section 5.1(c)(i), above, then for three (3) Business Days thereafter, Buyer shall have the option either to (a) waive the special condition set forth in this Section 5.1(c), based upon the estoppel certificates received; or (b) extend the Closing Date for up to fourteen (14) days to allow Seller more time to obtain additional estoppel certificates. If Buyer elects to extend the Closing Date pursuant to the foregoing clause "(b)" and the parties thereafter: (A) Receive prior to the extended Closing Date from the Required Tenants estoppel certificates that satisfy the requirements of the first sentence of Section 5.1(c)(i), above, then the condition set forth in this Section 5.1(c) shall be deemed to have been satisfied. (B) Do not receive, prior to the delayed Closing Date, from the Required Tenants estoppel certificates that satisfy the requirements of the first sentence of Section 5.1(c)(i), above, then Buyer may elect either to waive the condition set forth in this Section 5.1(c) and proceed to close or to terminate this Agreement and the escrow established hereunder, in which event the Deposit shall be refunded to Buyer.
Failure to Satisfy Condition. If a Condition has not been satisfied within 60 days following your acceptance of this Agreement, Worldline will have the right to terminate this Agreement and, except as provided under clause 12.7, each party's rights and obligations under this Agreement cease immediately on termination.

Related to Failure to Satisfy Condition

  • Notice Requirement No termination of this Agreement shall be effective unless and until the party terminating this Agreement gives prior written notice to all other parties to this Agreement of its intent to terminate which notice shall set forth the basis for such termination. Furthermore, in the event that any termination is based upon the provisions of Article VII, or the provision of Section 10.1(a), 10.1(i) or 10.1(j) of this Agreement, such prior written notice shall be given in advance of the effective date of termination as required by such provisions; and

  • Failure of Conditions None of the Company, Parent or Merger Sub may rely on the failure of any condition set forth in Section 7.1 to be satisfied to excuse performance by such party of its obligations under this Agreement if such failure was caused by such party’s failure to act in good faith and in a manner consistent with the terms of this Agreement.

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